19046 Main W St Huntingdon, TN 38344-3430

Property Details for 19046 Main W St

Year built

2002

Construction

FRAME

Lot size

0.85 lot acres

Property size

9,248 SF

Property type

Retail space

APN

009073 04000

APU

907304000

Description

This exceptional investment opportunity presents a freestanding, 8,160-square-foot AutoZone retail building situated on a 0.85-acre lot in Huntingdon, Tennessee. The property boasts a new 10-year net lease (NNN) with AutoZone, a financially strong corporate tenant, providing significant long-term stability. The lease includes six, 5-year options to extend, ensuring consistent income for years to come. Rent is $61,200 annually, with a 7% rent increase every five years during the option periods, offering built-in growth potential. The property underwent renovations in 2024, including a new roof, with all other site maintenance responsibilities falling under the tenant's purview, creating a truly "management-free" investment. Located in Carroll County, at 19046 W Main St, zip code 38344, this prime retail location benefits from high visibility and adjacency to a Walmart Supercenter, further enhancing its appeal. The property's strategic location within AutoZone's headquarters state, coupled with Tennessee's income tax-free status and rapid growth, makes this a compelling investment in a thriving market. Built in 2002, this asset is offered well below replacement cost, presenting a rare opportunity for significant return on investment. The property is situated in a strong retail corridor with other national tenants including Taco Bell, Murphy USA, McDonald's, Hucks, Dollar Tree, and Verizon. This is a turnkey, low-maintenance investment with a strong tenant and attractive financial metrics, offering a 6.15% cap rate.

Location Insight

City

Huntingdon

County

Carroll

State

Tennessee

Longitude

-88.4355

Latitude

35.9958

Property Tax & Assessments